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Technology Stocks : NewCom (NWCM)
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To: Ralph Ulisse who wrote (598)8/31/1998 2:03:00 PM
From: WhipsawMcGraw  Read Replies (1) of 662
 
One aspect of NWCM that few people know about is Third Level Systems. Newcom is majority shareholder of this company that they invested 2 million dollars in. The company could come public as soon as October if the IPO market holds up. Third Level is coming out with Smith Barney. The IPO would give NewCom up to 20 million dollars for its stake in the company.

This is not anything new that the company doesn't outline. This is not anything that would make the shorts run for cover. The only thing this hopefully assure it is that the company has solid equity investments in other companies.

I must salute the shorts though. Never would I have stayed short this stock. Congrats so far. I hate you all but respect your trading ability.
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